Join our dynamic Risk & Control team as an Assistant Manager in Bengaluru, focusing on Regulatory and Financial Risk. This role is part of Deloitte's Strategy, Risk & Transaction practice, dedicated to helping clients navigate and mitigate risks while uncovering opportunities for value creation. We offer comprehensive end-to-end risk services, addressing everything from strategic C-suite risks to cyber threats and financial policies.

- Develop and maintain Risk & Control Frameworks, including RCMs and process documentation. - Conduct Risk & Control Self-Assessments (RCSA) to identify risks, gaps, and mitigation strategies. - Perform gap analysis between current and target state controls. - Support regulatory change programs, impact assessments, and remediation tracking. - Execute Design Effectiveness Assessments (DEA) and Operational Effectiveness Testing (OET). - Document test results and collaborate with process owners on remediation plans. - Monitor key risk indicators (KRIs) and control performance, escalating emerging risks. - Prepare risk and control dashboards and reports for leadership and audit. - Partner with operations, credit risk, and compliance teams to identify process improvements. - Provide risk awareness guidance and training to business stakeholders. - Support policy updates, system implementations, and remediation initiatives.

- 4-8 years of experience in Banking Risk and controls assurance. - Solid understanding of risk management principles and control frameworks. - Experience with RCSA, controls testing, and KPI/KRI frameworks is preferred. - Strong knowledge of data controls, lineage, and reconciliations. - Proficiency in SQL, Data Lineage, Agile, Confluence, Change Management, BRD, FRD, and UAT. - Familiarity with BCBS 239 is advantageous.